$1,485,000
●
House -
Off Market
1931 Melvin Rd
Oakland, CA 94602
3 Beds
1 Bath,
1
Half Bath
1,637 Ft²
$1,163,639
RealtyHop Estimate
20.09%
Since Sep 1, 2020
CA-San Francisco
Primary Model
About This Property
Breathtaking vistas of SF, Mt. Tam, downtown Oakland and the Bay
take the leading role in this light-filled retreat, set high in one
of the East Bay's most distinctive enclaves. Generous windows frame
an ever-changing panorama: dawn to sunset to shimmering city lights
at night. Built in 1937, the home retains many intriguing period
details, including gleaming hardwood floors, handsome archways, a
floor-to-ceiling brick fireplace, beamed ceilings and a delightful
breakfast room. The upper level features two Bay-view bedrooms,
plus a stylishly renovated full bath with double-vanity bath,
separate tub and newly tiled stall shower. A main-level half bath
and a lower-level bedroom and laundry complete the amenities-with
access to a sunny patio and garden. Above, a two-car garage gives
direct access to the home. With easy access to Highways 13 and 580,
a Transbay bus stop minutes away, nearby Dimond Park, Montclair and
Glenview shopping districts nearby, this is life at a blissful new
level. Views: Downtown
Unit Size
1,637 Ft²
Days on Market
38 days
Land Size
0.15 acres
Price per sqft
$592
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40913514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by COMPASS | $969,000 | |
| Listed by COMPASS | |||
Property Highlights
Garage
Parking Available
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Anna Bahnson, COMPASS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40913514
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40913514
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017